Thursday, 21 April, 2016
The objective of the call for proposals is to contribute to the development of a social finance market by enabling more social enterprises to take on repayable finance for developing and scaling up their innovative business model.
The support aims at:
- Generating effective demand among social enterprises for social finance by developing their “investment readiness;
- Boosting the supply of social finance through institution and capacity building with committed actors.
In order to take into account the variety of social finance market situations, the call offers several strands:
Strand A: Establishment of social finance partnerships;
Strand B: Establishment of social finance instruments and mechanisms;
Strand C: Facilitating hybrid finance for social enterprises;
Strand D: Development of investment readiness support for social enterprises;
Strand E: Creation of a European level platform to reinforce the capacity of social enterprise support organisations.